Form 4: Jacobs Solutions Inc. Executive Vice President Reports Stock Transaction
SEC Form 4 Filing
Shelette M. Gustafson, an Executive Vice President at Jacobs Solutions Inc., reported a transaction involving the disposal of common stock to cover tax withholding upon the vesting of restricted stock units.
Summary
- On March 28, 2024, Shelette M. Gustafson, an Executive Vice President at Jacobs Solutions Inc., disposed of 60 shares of common stock.
- The transaction was executed at a price of $153.73 per share.
- This disposal was related to tax withholding requirements upon the vesting of restricted stock units under the company's Stock Incentive Plan.
- Following the transaction, Gustafson directly owns 28,731 shares of Jacobs Solutions Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing related to a routine stock transaction for tax purposes. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction related to executive compensation and tax obligations.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares and is related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/28/2024 | Date of stock transaction (disposal of shares). |
| 04/01/2024 | Date of signature by Attorney-in-Fact. |
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